3253 Minnesota St - Apartments FOR SALE


Gary, IN 46405
$115,000 USD
219-501-0404
3253 Minnesota St, Gary, IN for Sale
$115,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

3253 Minnesota St
Gary, IN 46405


HIGHLIGHTS

  • Over 1 Acre of Land: Ample space for parking, outdoor operations, recreation, gardening, or future improvements.
  • Location Benefits: Situated near Rosser Park, this property enjoys a convenient yet peaceful setting
  • layout, and location make it a standout option for buyers seeking flexible usage and strong long-term potential.
  • With multiple buildings, spacious land, and a prime location, this property is well-suited for business expansion

OVERVIEW

Rare Multi-Use Property with Exceptional Commercial Potential Near Rosser Park Discover a unique opportunity to own a versatile property offering both commercial and residential space, perfectly positioned just a few hundred yards from Rosser Park. This estate provides outstanding potential for business owners, investors, or anyone looking to combine work, living, and expansion opportunities in one location. Property Highlights: Two-Story Commercial Building: Ideal for a wide range of uses including retail, office space, studio, or service-based business. Offers excellent potential for an owner-operator or rental income. Two-Story Residential Home: Spacious fixer-upper with new roofs and updated upstairs windows, offering strong value-add potential as a residence or additional income source. Oversized Detached Garage: Perfect for storage, workshop use, or equipment. New 6-Foot Chain Link Fence: Enhances security and privacy across the property. Over 1 Acre of Land: Ample space for parking, outdoor operations, recreation, gardening, or future improvements. Location Benefits: Situated near Rosser Park, this property enjoys a convenient yet peaceful setting that attracts both residential and commercial interest. Its size, layout, and location make it a standout option for buyers seeking flexible usage and strong long-term potential. Investment Opportunity: With multiple buildings, spacious land, and a prime location, this property is well-suited for business expansion, live/work setups, or creative redevelopment. A rare chance to secure a multi-use property with significant upside.

FOR SALE DETAILS

PRICE

$115,000 USD

PRICE/SF

$26 USD /SF

# OF UNITS

2

PRICE/UNIT

$57,500

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

45-08-23-255-004.000-020

ASK ABOUT THIS PROPERTY

Angela ManningIntegrity Realty PartnersMore Info
219-501-0404

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Angela ManningIntegrity Realty PartnersMore Info
219-501-0404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.